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Localhostspeed
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December 09, 2023, 06:00:44 PM
 #21

Monitoring the price of your holding everyday will earn you nothing, but since we are all humans, it will makes us want to react to some price changes which is not good for the goal of getting filthy rich in the crypto space.

Not only bitcoin, we need to be patient in life to over come things. You need time to think to overcome some huddle of life, if you are not patient enough, you will lose many things in life.
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December 09, 2023, 06:09:17 PM
 #22

It's near impossible to be successful in crypto without patience, investing is another thing, knowing how to hold is another thing also.
Almost all the crypto millionaire in the crypto space are good holders, think about that!!

Patience is not just important in the crypto space but it is a virtue that is important in every sphere of life. You need patience to wait for many years before starting to gain from any investment. We have heard and read this fact again and again that Bitcoin is a long-term investment that needs a lot of patience. If you can't wait for a long time, it is better to switch to altcoins.

Many investors that made a fortune from Bitcoin have held the coin for five years and above. Most of them have been holding their coins for many bull runs. People are targeting to sell their hodlings during the next year's bull run, but there is also a new to have a post-bull run plan.

Quote
Monitoring the price of your holding everyday will earn you nothing, but since we are all humans, it will makes us want to react to some price changes which is not good for the goal of getting filthy rich in the crypto space.

As a new investor, it is normal to keep looking at your wallet almost every day to monitor the price or market movement. But as you keep learning, you will know that it is just a waste of time for a long-term investor. It might be important to crypto traders but investors have plans and projections that might take years to materialize, hence there is no need to monitor price consistently.

R


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December 09, 2023, 06:19:08 PM
 #23

Bitcoin as a digital asset has taught me that patience is the key.

Lack of patience is what can make someone loose his asset completely, some already have this kind of experience in their past before they later realized what they have left undone that resulted to them loosing their bitcoin, lack of patience and much eagerness of making money from online is part of what constitute people's decision concerning this, when we are lacking in the aspect where we should be knowledgeable about, we cannot escape doing mistake.


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December 09, 2023, 06:28:22 PM
 #24

Bitcoin as a digital asset has taught me that patience is the key.
 initial the first time I came into the crypto industry I never knew how important patience was not until I experience last year in the crypto space where the start of Russia and Ukraine war crash the price of Bitcoin to 15k dollars,
other shit coin follow suit, but was even worse, fast-forward from then till now how Bitcoin has bounce back to it current price and is still climbing up,
those people that sold their holdings at a loss will be licking their wounds by now and thinking how they wish they hold on to it a little bit longer.

It's near impossible to be successful in crypto without patience, investing is another thing, knowing how to hold is another thing also.
Almost all the crypto millionaire in the crypto space are good holders, think about that!!

Monitoring the price of your holding everyday will earn you nothing, but since we are all humans, it will makes us want to react to some price changes which is not good for the goal of getting filthy rich in the crypto space.

Loads of people will tell you how revolutionary Bitcoin and its technology is but they'll always leave out the need for one to have patience as a virtue.

The OGs in the space knows this and they are pretty calm when discussing the technology. You'd always see people talking to you from a standpoint of stern belief in the space even when Bitcoin price is not showing it, they actually have learnt how to be patient with the tech but only a few knows this.

To properly understand the space, you have to exercise patience to the highest degree

.
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December 09, 2023, 06:36:02 PM
 #25

~ snip ~
The bull run is around the corner. Next year will be an exciting year.
Yeah beyond any doubt, the bull run is so closed, and there is also a countdown started for halving that will bring up some joy and excitement. 
There will be no more waiting in regards to our investment because we hold up our assets with patience and now we will be getting our conclusion from our patience. I mean at last we got the results of our investment, which we had taken in the bear market, and now we will benefit from it in a few moments. 
So therefor exploit people always prefer patience over hurry and emotion because patience has often shown better judgments than haste.

Never think of shitcoin as a long-term it will get worse and it is difficult to guess the price even more skeptical of shitcoin, the only one think of bitcoin as a long-term investment with your patience.
True!
I have often seen people finding that they invest in altcoin or shit just looking at the profit, despite they don't know how deep the risks are in shitcoin.
I always say to only invest in things in which you dont yhave a risk of losing I mean to get it again. While Bitcoin is the only reasonable option, you don't have any risk with the aspect of long-term holding. Shit coin is good if you have experience with how to get profit from it. Littrely the fact is that Bitcoin is the true and only long-term investment, it is the only true asset that guarantees a profit with the positive intentions.

.
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December 09, 2023, 06:40:11 PM
 #26

Patience is the key indeed. And another is that you have to positive always, block out the noises coming from people who do not believe in Bitcoin, and just focus on your business. Everyone and their own choice. I have a lot of friends who were already talking bad about bitcoin due to the fall in price, but now they are all telling me that they are looking for money to invest in Bitcoin as soon as possible before it's too late for them, they are all regretting not getting on as soon as possible. So the joke is on them now 😂
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December 09, 2023, 07:33:48 PM
 #27

Patience is required in everything we do in life not only in crypto investment. Yes, I can agree that when it comes to investment in crypto your patience tends to be very short probably because of the market fluctuation, nobody wants to see their investment dipping in price, unfortunately.
The difference between BTC and other alts is that no matter how low the price dips it always comes back up even higher so your patience will be justified.
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December 09, 2023, 07:37:27 PM
 #28

It's near impossible to be successful in crypto without patience, investing is another thing, knowing how to hold is another thing also.
Patience is not only what is needed to hold bitcoins, discipline is also needed because apart from the temptation to sell from FUD, there are other needs and wants that will come up and may also push you to sell.

Monitoring the price of your holding everyday will earn you nothing, but since we are all humans,
It is all an act to just be aware of what is happening. It is part of of taking care and having mindfulness about your investment. Every holder has to be conscious of the likelihood to act with emotions, so they can always judge their choices before they become actions to see if they are the right decisions or decisions formed with emotions.

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December 09, 2023, 08:31:55 PM
 #29

There are two patients you have to do in the ecosystem. And the number one is the forum. For you to grow in the forum you have to be patient because you will not grow over night there are some time you abe to wait for months to enter member, full member, Sr. Member and years to enter Hero member to legendary Member. And if you are not patient enough then you quit the forum for those who are patient to achieve their goals.

Then the second one is the Bitcoin itself. If you are investing in Bitcoin, you have to be patient for years to reap the investment. And if you rush it then you will miss out the good profit.

.
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December 09, 2023, 08:35:06 PM
 #30

Monitoring the price of your holding everyday will earn you nothing, but since we are all humans, it will makes us want to react to some price changes which is not good for the goal of getting filthy rich in the crypto space.

Not only bitcoin, we need to be patient in life to over come things. You need time to think to overcome some huddle of life, if you are not patient enough, you will lose many things in life.

being patient will definitely give you very good results, many good things have come because of patience, whether in bitcoin investment or in everyday life, you must have gone through your school years several years ago, well when you are patient in going through it then you will succeed pass your education period smoothly, without obstacles, meanwhile the price of bitcoin is very fluctuating, that is its natural nature, if you are not patient in investing in bitcoin then you will definitely panic and panic sell when there is FUD that appears or the price of bitcoin corrects, well be patient It really has a big influence on a person's success in life, don't forget to always be patient.



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December 09, 2023, 08:40:09 PM
 #31

Patience is the key indeed. And another is that you have to positive always, block out the noises coming from people who do not believe in Bitcoin, and just focus on your business. Everyone and their own choice. I have a lot of friends who were already talking bad about bitcoin due to the fall in price, but now they are all telling me that they are looking for money to invest in Bitcoin as soon as possible before it's too late for them, they are all regretting not getting on as soon as possible. So the joke is on them now 😂
Bitcoin is wild and you have to learn to wait has individuals that are interested in Bitcoin and every step has to be followed from learning to having money to invest, does are very important steps learn and money because if you want to be part of the fellowship of bitcoin traders you can not aviod that, and been positive is vary important you have noticed that people think to much if you want to invest go ahead and invest. And if you want to listen to people you won't archive anything the best thing is to make a choice and be ready to learn and with the way the price of bitcoin is going now halving is near wonders will happen and that is what everyone is waiting for patiently.

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December 09, 2023, 09:05:37 PM
 #32

Patience is the most important thing when it comes to Bitcoin investing. Those who have been patient and held on to Bitcoin have had a lot of success today. When Bitcoin was in the 15 thousand dollar range many people held on to this Bitcoin strong and today they are growing very successfully because they know that Bitcoin will definitely go up. But those who didn't have the patience and thought Bitcoin might go further down and sold it are in for a lot of disappointment today. Bitcoin price will increase further from the current position. So if you want to hold Bitcoin, you must be patient and never lose patience with investing.

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December 09, 2023, 09:57:48 PM
 #33

Patience is the key to be success in cryptocurrency or bitcoin investment, many people loss their opportunity to earn much profit after lack ness waiting for longer time sell their bitcoin fund. Just imagine after selling bitcoin assets If I hadn't sold Bitcoin at that time, I might have become a billionaire  Grin. Before investing in bitcoin, every trader or holder have patience soul in their self and how manage well emotion controlling when some time bad news coming, not panic for selling bitcoin assets in lower price and keep patience waiting bitcoin get recovery back to higher in the future.

Less patience better not to be part of bitcoin investment because not easy to be success without have patience soul, what ever investment we need patience to be success.

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December 09, 2023, 09:58:12 PM
 #34

Bitcoin as a digital asset has taught me that patience is the key.
 initial the first time I came into the crypto industry I never knew how important patience was not until I experience last year in the crypto space where the start of Russia and Ukraine war crash the price of Bitcoin to 15k dollars,
Yes, it cannot be denied that patience is one of the keys to Bitcoin investment. However, usually in reality, patience exists because we already understand something about the investment. In this case, when investing in Bitcoin and we already understand the Bitcoin cycle, market volatility and bearish and bullish eras and what the potential potential of Bitcoin is in the future, then our patience can be quite good. Even during market corrections or sudden market drops, we can still be more patient and wise because we believe that Bitcoin will definitely rise again and match our hopes in the bullish period. This will be different when we don't have knowledge or understanding about it.

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December 10, 2023, 01:25:01 AM
 #35

Why must everything be about making money? This is one of the biggest problems with the Bitcoin ecosystem in my opinion as people should be much more focused on the inner workings of Bitcoin, how to improve its blockchain transaction speeds etc. I feel if people cared more about those types of aspects, Bitcoin would grow more efficiently. 

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December 10, 2023, 06:04:49 AM
 #36

That is the only way forward towards Bitcoin holder and patience is the master key, follow by right information towards the industry and if you can not have patience in holding of Bitcoin when the price is down hardly to make profits towards it.
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December 10, 2023, 06:11:34 AM
 #37

There will be many things behind, patience in this market is considered important, the longer the exposure journey, the more things we will witness happening.
I came into contact with this market in 2012, and I don't have much experience to understand the feelings of people approaching bitcoin from its early stages, but up to now, the lesson I have learned is to say thank  for bitcoin (crypto), honestly, if you don't know and understand it, trust will not be built and patience will not be maintained. Understanding that it will grow over time, having the opportunity to increase wealth with bitcoin is neither difficult nor easy. Sometimes life's problems pull us away from maintaining that patience. , but ultimately it is the process of maturity.









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December 10, 2023, 06:18:03 AM
 #38

Patience is a very important Factor in holding Bitcoin this is something you can't take out from the equation of investing when talking about bitcoin investment. a lot of beginners failed in hodling bitcoin because of the lack of patience, the market is very volatile which no one can predict it,  since bitcoin is unpredictable investors must try their best to have the ability of having patience without this profit can't be made from investment.

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December 10, 2023, 06:42:26 AM
 #39

Patience is needed in all things, not just investing in crypto. Being patient means that we must be able to refrain from anything that could cause us to lose patience. In investing in crypto, we should not panic when Bitcoin prices decline sharply, especially when Bitcoin prices touch $15k. And those who were still able to be patient at times by continuing to hold Bitcoin have seen their profits increase greatly at this time.

They can still hold themselves patiently until the Bitcoin price touches its final ATH. And if they still want to make big profits by selling Bitcoin at the next ATH price, they have to be patient until the time comes. It's not easy to have patience in waiting because most people think it's a waste of time even though it's actually not.

To avoid panic due to Bitcoin price changes, we do not need to monitor market prices too often. We can monitor it every few days or even a week, especially if our price target is still very far away so we can remain patient and do other things. It can distract us from the panic of seeing Bitcoin price changes every day.



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December 10, 2023, 06:50:42 AM
 #40

Patience is key for investors as we all know, without patience you will never be a successful investor and neither will you be a bitcoiner. The price of bitcoin goes down and it goes back to high levels but we still don't see bitcoin as a risky currency because it is a dependent currency. People who are into cryptocurrencies rely on Bitcoin the most and hold on to Bitcoin investments patiently. Patience is the key to all success, when you are a patient person you will be able to move forward in business and anything else. And when you are not patient but emotional then you will never reach high and will never succeed in any field. Just like investing in bitcoins you need to be patient enough if you are a patient person you will become a good trader in future. And you can expect high profit by holding Bitcoin and hold it with long term patience only you can earn profit.

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